2014 GNF to BIF Historical Review

YEARLY HIGH

0.2252 BIF

YEARLY LOW

0.2172 BIF

YEARLY AVERAGE

0.2214 BIF

2014 GNF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.2252. Conversely, the yearly low was recorded on October 5, dropping to 0.2172.

This high-to-low spread represents a total annual volatility of 0.0080 BIF. From a start-to-finish perspective, comparing the January average rate of 0.2217 to the December average rate of 0.2218, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2252 was down 1.33% compared to the 2013 peak of 0.2282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 1,126 BIF

2013 Average 1,104 BIF

Yearly Trough Low 1,086 BIF

Transaction Impact: A difference of 39.91 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2220

0.2203

JanuMarcMayJulySeptNove

GNF to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2215, compared to 0.2213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2215

H2 Avg (Jul–Dec) 0.2213

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0075 BIF (High: 0.2252 / Low: 0.2176). On the other end, January was the most stable month, with a tight range of 0.0035 BIF (High: 0.2237 / Low: 0.2202).

March Spread (Volatile) ±0.0075

January Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2214) against the same month in 2013 (average: 0.2188), the exchange rate shifted by +0.0026 (+1.20%).

2014 Avg (March) 0.2214

2013 Avg (March) 0.2188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2237	0.2202	0.2217
February	0.2235	0.2186	0.2212
March	0.2252	0.2176	0.2214
April	0.2240	0.2198	0.2218
May	0.2235	0.2190	0.2214
June	0.2245	0.2196	0.2217
July	0.2233	0.2175	0.2204
August	0.2236	0.2194	0.2217
September	0.2232	0.2189	0.2210
October	0.2239	0.2172	0.2214
November	0.2237	0.2197	0.2217
December	0.2244	0.2194	0.2218